ASTS - Valuing AST SpaceMobile And Globe Telecom Partnership For Satellite-Based Internet
- It has been widely publicized how AST SpaceMobile's (ASTS) technology can disrupt the internet broadband landscape globally.
- This thesis explores the concrete benefits which can be reaped by telcos, namely Globe Telecom, which has signed an MoU with ASTS.
- It is also important to consider the competitive risks posed by Elon Musk's Starlink, as well as stock volatility linked to potential launch delays for BlueWalker 3 satellites.
- Even then, ASTS remains a buy due to its technology and ability to lure telco partners.
- Globe is a buy too, due to cost savings enabled by satellite-based internet improving its cash flow, and the Philippines-based telco has good profitability metrics despite the competition it faces from PLDT.
For further details see:
Valuing AST SpaceMobile And Globe Telecom Partnership For Satellite-Based Internet